CHICAGO, March 12 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday:
WHEAT - Up 7 to 9 cents per bushel
Wheat turned higher on the escalating U.S.-Israel war with Iran. Wheat is often sensitive to geopolitical turmoil.
The U.S. Department of Agriculture reported net weekly U.S. wheat export sales for 2025/26 for the week ended on March 5 at 495,800 metric tons, above a range of analyst estimates.
CBOT May soft red winter wheat WK26 was last up 9-1/4 cents at $6.04 per bushel. K.C. May hard red winter wheat KWK26 was last up 7-3/4 cents at $6.21-3/4 per bushel, while Minneapolis May spring wheat MWEK26 was up 5-1/4 cents at $6.43-1/4 per bushel.
CORN - Up 3 to 5 cents per bushel
Corn also rose, with the strength in crude again offsetting a backdrop of ample global grain supplies.
The U.S. Department of Agriculture reported net weekly U.S. corn export sales for 2025/26 for the week ended on March 5 at 1,503,800 metric tons, on the low end of a range of analyst estimates.
CBOT May corn CK26 was last up 5-1/2 cents at $4.65-3/4 per bushel.
SOYBEANS - Up 5 to 15 cents per bushel
Chicago soybeans rose for a third consecutive session on Thursday, as crude oil climbed further following Iranian attacks that deepened fears of a protracted Middle East conflict.
Higher crude prices can support soybeans as soyoil is widely used to produce biodiesel fuel.
Investors are also watching for further indications about Chinese demand for U.S. soybeans ahead of a planned visit to China by U.S. President Donald Trump at the end of the month.
The U.S. Department of Agriculture reported net weekly U.S. soybean export sales for 2025/26 for the week ended on March 5 at 466,200 metric tons, in line with analyst estimates.
CBOT May soybeans SK26 were last up 15-1/4 cents at $12.29-1/4 per bushel.